Ford, in the matter of Melbourne Rebels Rugby Union Pty Ltd (Administrators Appointed) [2024] FCA 133

Federal Court of Australia

Ford, in the matter of Melbourne Rebels Rugby Union Pty Ltd (Administrators Appointed) [2024] FCA 133 File number(s): VID 145 of 2024

Judgment of: BUTTON J

Date of judgment: 22 February 2024

Date of publication of reasons: 23 February 2024

Catchwords: CORPORATIONS – application to extend convening period – where extension sought to allow directors to put forward proposal for a deed of company arrangement – where directors funding costs associated with extended convening period – where limited to no prejudice to creditors – application allowed

Legislation: Corporations Act 2001 (Cth) ss 439A, 447A, Pt 5.3A, Sch 2 (Insolvency Practice Schedule (Corporations)) Federal Court of Australia Act 1976 (Cth) ss 37AF, 37AG

Cases cited: Hird (Liquidator), in the matter of Allmine Group Limited (in liq) [2018] FCA 781 In the matter of Harrisons Pharmacy Pty Ltd (Administrators Appointed) (Receivers and Managers Appointed) [2013] FCA 458 In the matter of Renex Holdings (Dandenong) 1 Pty Ltd (administrators appointed) [2015] NSWSC 2002 Kaso, in the matter of Speedpanel Australia Ltd (Administrators Appointed) (No 2) [2017] FCA 862 Mighty River International Limited v Hughes (2018) 265 CLR 480; [2018] HCA 38 Re ABC Learning Centres (No 8) (2009) 73 ACSR 478; [2009] FCA 994 Re Daisytek Australia Pty Ltd (Administrators Appointed) (2003) 45 ACSR 446; [2003] FCA 575 Strawbridge, in the matter of Virgin Australia Holdings Ltd (administrators appointed) (No 2) (2020) 144 ACSR 347; [2020] FCA 717 Woodhouse (Administrator), in the matter of Panoramic Resources Limited [2024] FCA 22